Not Forex — By the way I'm long Apple - entered 25/6 and will exit 6/9.

Trading is not a Business

Protesteth too much — Some people clearly hold the business model up as something to be aspired to. It's probably time to wind down when personal abuse starts so farewell. I've started a thread on a formal approach to building trading systems ...

Trading is not a Business

I think you have just dug your own grave. PS One crappy product that has done very very well - Windows - there's lots more.

Trading is not a Business

Maybe we are just using different words for the same thing. I like your mapping of my steps to your own. The point I'm trying to make about business is that real business (something I have much experience of) is not about plans and excellence. ...

Trading is not a Business

We are talking about different things. I use machine learning technologies to develop systems - sounds fancy but the principles are the same as any other method - and I'm certainly not saying this is the only way to develop systems. The standard ...

Trading is not a Business

Well at least I'm famous for something.

Trading is not a Business

Very good point - it's a serious as brain surgery or being a 747 pilot - but please do not compare it with business, the comparison does not stand up.

Trading is not a Business

There are many many examples of companies making great products that failed - betamax video was the classic example - better but failed. Marketing (the art of lying) is the key to business success - you see it in the IT world all the time (my ...

Trading is not a Business

Lying and Cheating — Business is not about having a super plan and sticking to it - a sure way to go broke. The world is just too volatile and unpredictable for that. Great business leaders are typically psychopaths. Don't take my worrd for it ...

Trading is not a Business

Risk — It is well known that diversification and a modest sized portfolio (8 or more instruments) can reduce risk while enhamcing gains. So the 2% I mention is per trade. This does not imply that there is only one trade at a time. I'm happy to ...

Trading is not a Business

Phased entry and leverage — mphpopular - that isn´t really a H&S - there is no preceding trend. I only stake a portion of my trade at the breakout - I have limit orders near the shoulders. The stop is above the head. Low leverage is key.

Really simple trading

Kaufmann — Its a derivative of the work by Kaufmann - different to PFE. Thanks all the same.

Fractal Efficiency Indicator

H&S Explained — Here´s an annotated chart - you can see how its developed since this morning. Came at the end of a very long and aggressive rise.

Really simple trading

Nice System — Been using something similar - but not the 5ema crossover. Giving it a try - looks promising.

The Force 5min system

Another Trade — Out of USDCAD - text book setup. This one is less ideal - an inverted H&S n USDJPY 15 min chart. We´ll see how it goes. For H&S trading here is what to look for: 1. Must be at the end of a trend - must have been a decent rise ...

Really simple trading

A Head and Shoulders Trade — Beautiful setup on USDCAD - 1HR chart. Still in it.

Really simple trading